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The Financial Express

DSE trading delayed due to 'technical glitch'

Trading to begin at 11:00am


| Updated: November 09, 2022 16:11:12


DSE trading delayed due to 'technical glitch'

Trading at the country’s premier bourse, the Dhaka Stock Exchange (DSE), has been delayed by one and a half hours for what authorities say is a “technical glitch”.

The trading will start at 11:00 am, instead of 9:30 am, as a continuous session.

Contacted, Shafikur Rahman, deputy general manager of DSE’s public relations department, confirmed that the reason for the delay was a “technical glitch."

Meanwhile, the Chittagong Stock Exchange opened today’s trading at the scheduled time of 9:30 am.

Last week, a technical glitch also disrupted trading activities on the DSE and forced the authorities to reduce the trading to only 1:43 hours instead of the regular 4:20 hours.

Trading at the DSE usually takes place from 9:30 am to 1:50 pm. But the trading came to a halt at 10:58 due to a technical glitch at the DSE trading engine.

The Bangladesh Securities and Exchange Commission (BSEC) formed a five-member body to probe the matter that disrupted trading.

The BSEC committee, led by its director, Abul Hasan, has been asked to submit a probe report within 30 working days.

Analysts say the market has been losing for the past few months and this kind of problem would send a negative message to potential investors.

Stock investors and brokerages were angry to see technical problems again and again on the DSE trading software.

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